US June CaseShiller 20-city home price index +0.9% m/m vs +0.8% expected

<ul><li>Prior was +1.0%</li><li>Home prices -1.2% y/y vs -1.3% expected</li><li>Prior was -1.7% y/y</li></ul><p>Separate housing data from the FHFA:</p><ul><li>+3.1% y/y vs +2.8% expected</li><li>Prices +0.3% vs +0.7% expected</li></ul><p>Remember, this is June data. The talk from August as US 30-year fixed rates hit 7% again is that demand quickly crumbled. I wouldn't expect these numbers to move markets.</p>

This article was written by Adam Button at www.forexlive.com.